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Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $720 million and sales

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Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $720 million and sales of $23,200 million in 2022. Its total assets were $14,100 million at the beginning of the year and $15,250 million at the end of the year. What is Staples, Inc's (a) asset turnover and (b) profit margin? (Round answers to 2 decimal places, e.g. 1.25.) (a) Asset turnover 1.58 times (b) Profit margin

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